Fi911

DECEMBER 3, 2024

By setting a cap on the number of transactions a user can initiate within a specific period, velocity checks aid in reducing the incidence of fraud, thereby mitigating potential losses to merchants. An effective fraud prevention strategy would combine velocity checks with other fraud detection mechanisms.

Checks

Fintech News

MAY 21, 2025

It is part of the companys broader Financial Crime Mitigation (FCM) suite, which includes tools for KYC risk scoring, transaction monitoring, and payment fraud detection. The AI Agent was developed in collaboration with a European tier-1 bank under Temenos Design Partner Program.

Financial Crimes

Fintech Finance

APRIL 1, 2025

It also strengthens fraud detection and risk management through AI-powered scoring and real-time monitoring, minimizing chargebacks while ensuring compliance with evolving regulations. The post New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation appeared first on FF News | Fintech Finance.

ISO 20022

Fintech News

FEBRUARY 10, 2025

Regulators need clear guidelines on accountability, particularly in cases of erroneous or harmful AI-driven decisions, such as wrongful fraud detection or unfair credit scoring. However, ethical implementation and regulatory oversight remain critical to ensuring its benefits are maximised while mitigating risks.

AI

EBizCharge

MARCH 18, 2025

A secure payment processing provider for Sage 100 will also give merchants access to fraud detection and prevention tools, 3D Secure, chargeback management, and more. By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved.

Credit Cards

EBizCharge

NOVEMBER 12, 2024

It’s important for these businesses to work with experienced MSPs who understand their unique needs to mitigate account closures and additional penalties. The post What is a Merchant Account and Does Your Business Need One? High-risk businesses may also face termination fees if their accounts are closed prematurely.

Accounts

EBizCharge

JANUARY 14, 2025

Fraud detection and prevention are critical features of a payment gateway. To help with this, here are four payment gateway-related trends to look out for in 2025: AI-powered fraud detection: Protecting your business from fraud is more important than ever in 2025. Thus, AI-powered fraud detection is on the rise.

Payment Gateways

Stax

MAY 5, 2025

fraud triggers, insufficient funds). Fraud detection systems might not be active in the sandbox, leading to a false sense of security. To mitigate this, perform additional QA in controlled production settings, or use gateways that offer advanced testing tools and staging environments closer to live conditions.

Payment Gateways

The Payments Association

JUNE 16, 2025

The findings show that it’s technically possible, but with significant challenges surrounding fraud detection, data sharing, and usability. Retailers and service providers may favour synchronous models to mitigate payment disputes. Secure Elements offer partial mitigation, but are not infallible.

Settlement

The Fintech Times

DECEMBER 9, 2024

“Implementing comprehensive risk management strategies and diversifying technological dependencies are essential steps to mitigate the impact of unforeseen incidents, thereby maintaining the stability and reliability of payment systems.

Payment APIs and Integration

Fintech Finance

FEBRUARY 17, 2025

For e-commerce leaders like Lili Bridals, tokenization and PCI-certified flows secure high-value transactions; for logistics giants like Zongteng, AI-driven fraud detection reduces chargebacks by 30%; and for advertising platforms such as Cheetah Mobile Inc, privacy-preserving frameworks reduce GDPR non-compliance risks by 99%.

Compliance

Clearly Payments

NOVEMBER 18, 2024

Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Fraud Prevention Specialists Responsibilities: Monitor transactions for fraudulent activity and implement fraud prevention measures. Include all required documentation, adhering to card network guidelines.

PCI DSS

Neopay

JANUARY 22, 2025

Businesses can take several proactive steps to protect themselves, including: Enhanced training programs: Ensuring employees are educated on the latest AI-driven fraud tactics and how to recognise them. Advanced detection tools: Leveraging AI-driven fraud detection systems that can identify suspicious patterns and anomalies.

AI

Fi911

JUNE 20, 2025

By the time financial institutions discover the fraud, recovery becomes nearly impossible. Why Traditional Fraud Detection Fails Credit bureaus face fundamental limitations in identifying synthetic identities. Prevention & Mitigation Strategies Enhanced identity verification at account opening provides the best defense.

Identity Theft

Fintech Finance

MARCH 3, 2025

Antom Shield: Advanced AI for risk mitigation and fraud prevention Antom Shield is an intelligent risk solution that strengthens fraud detection while helping merchants boost order conversion rates and drive growth. Real-time transaction scanning with millisecond-level risk decision.

Fraud Prevention

The Payments Association

JUNE 16, 2025

Fraud is a broader ecosystem challenge where scams move like water, exploiting vulnerabilities across multiple touchpoints. With increasing attack vectors, organisations need proper software solutions and visibility to mitigate risk effectively. The PSR has separated pre- and post-policy data, making comparisons difficult.

Scams

EBizCharge

MARCH 31, 2025

A reliable Sage merchant services provider must comply with Payment Card Industry Data Security Standards (PCI DSS) to ensure secure transactions and protect against fraud. A rolling reserve is a portion of a businesss revenue that the merchant services provider holds as a security measure to cover potential chargebacks or fraud.

Service Provider

Finovate

JULY 30, 2025

.” Beagle enables firms to conduct AI agent red-teaming to detect blind spots in their fraud defenses. Beagle simulates complex adversarial behavior, which enables fraud prevention teams to test their detection and mitigation strategies. Venture Partners.

AI

Stax

DECEMBER 9, 2024

Learn More Steps you can take to reduce chargebacks To mitigate the impact of chargebacks and protect their businesses, merchants should take proactive measures. Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions.

Credit Cards

Fintech News

JULY 23, 2025

SaaS partnerships also play a critical role in resilience and fraud mitigation. He pointed to disaster recovery and fraud protection as key areas of value. Now they’re building on that foundation to enhance fraud detection and compliance capabilities.” Regulation gave banks the budget and the urgency,” he said.

APACS

The Payments Association

JULY 18, 2025

Omar Salem Financial regulation and fintech partner, Fox Williams "Post–31 March 2025, the UK regulator is focused on supervision and in the future may hold firms, and potentially individuals, accountable for operational resilience breaches. Post-deadline supervision will stress-test incident playbooks and escalation protocols.

Regulations

The Fintech Times

FEBRUARY 15, 2025

Other announcements Mozn unveiled new AI-powered fraud prevention tools as part of its FOCAL Risk and Compliance platform. The enhancementsdevice fingerprinting, fraud analytics, and fraud management-as-a-service (FMaaS)offer businesses real-time fraud detection and risk mitigation capabilities.

Innovation

Fintech Finance

JUNE 10, 2025

Advanced fraud detection tools Leverage machine learning and behavioral analytics to identify high-risk transactions and patterns of first-party fraud, reducing exposure to abusive claims. ” The post Turbulence Ahead: 6 Ways Travel Businesses Can Stop Summer Chargeback Losses appeared first on FF News | Fintech Finance.

Disputes

EBizCharge

JUNE 3, 2025

Enhanced fraud protection: With higher transaction volumes comes greater exposure to fraud risks. High-volume merchant accounts come equipped with advanced fraud detection tools and chargeback prevention features to safeguard merchants and their customers.

Volume

Finovate

DECEMBER 11, 2024

LexisNexis Risk Solutions has signed an agreement to acquire document authentication and fraud detection solutions provider IDVerse. The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Terms were not disclosed.

Risk

Fintech Review

MAY 4, 2025

Jumio One of the longest-standing providers of ID verification and AML compliance tools, covering document checks, liveness detection, and transaction monitoring. Veriff Specialises in advanced video-based identity verification with high fraud detection rates and rapid onboarding speeds.

Payment APIs and Integration

The Fintech Times

MAY 28, 2025

For Temenos, AI is becoming a practical tool across fraud detection, exception handling and operational support. Protection in payments For Fennell, protection covers everything from fraud and cyber risk to operational resilience. All of that is part of innovating in the payment space.

Compliance

Fintech Finance

MAY 22, 2024

Attempted transactions on the compromised card can be continuously monitored to mitigate fraud and enhance cyber security, further instilling trust. The post Mastercard Accelerates Card Fraud Detection With Generative-AI Technology appeared first on Fintech Finance. The card can then be blocked and reissued.

Fraud Detection

Fintech Finance

SEPTEMBER 26, 2024

Justt , a leader in AI-powered chargeback mitigation, today announced a strategic partnership with Ravelin , a global provider of AI-native fraud detection and prevention solutions. According to the Ravelin Fraud and Payments Survey 2024 , 52.4%

Fraud Prevention

Fintech Finance

AUGUST 15, 2024

Sionic , a leading provider of real-time, Pay-by-Bank Commerce (PbBC) services, today announced the launch of its comprehensive fraud detection and mitigation service built exclusively for real-time, bank-to-bank payments at checkouts, whether online, mobile or in-store.

AI

Fintech News

MAY 22, 2024

This enhanced capability allows Mastercard to detect complex fraud patterns and protect future transactions against emerging threats. The generative AI-based predictive technology has doubled the detection rate of compromised cards while simultaneously reducing false positives in fraud detection by up to 200%.

Compromise

Fintech News

JANUARY 21, 2025

These AI applications also played a vital role in fraud detection, improving the banks ability to identify and mitigate risks effectively. Featured image credit: Techcombank The post Techcombanks Digital Channels Propel Growth to 15 Million Users in 2024 appeared first on Fintech Singapore.

Fraud Detection

Fi911

DECEMBER 19, 2023

This scale of fraud is challenging for systems dependent solely on human detection, especially considering the increasing volume of online transactions. Initially reliant on automated and rule-based systems, financial institutions are now turning to machine learning for more effective fraud detection.

Fraud Prevention

Fintech News

OCTOBER 15, 2024

Sumsub’s solutions also help mitigate identity fraud risks, which have been on the rise globally. By incorporating features like document verification, face matching, and fraud detection, HashKey has improved verification speed while maintaining compliance with regulatory standards.

Verification

Fintech Finance

SEPTEMBER 26, 2024

Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Featurespace , a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The post Visa to Acquire Featurespace appeared first on FF News | Fintech Finance.

Acquirers

Core

MARCH 19, 2024

The solution: robust government fraud detection mechanisms for payment systems. Here’s what compliance managers and auditors need to know to strengthen internal fraud prevention and safeguard public funds. When fraud persists for over five years, the average loss increases to $800,000.

Fraud Detection

Segpay

FEBRUARY 21, 2024

Generative AI in Digital Payments: Enhanced Fraud Detection: Generative AI improves the security of digital payments by enhancing fraud detection mechanisms. This makes real-time detection and prevention possible. Fraud Detection Generative AI contributes to fraud detection and prevention in KYC processes.

AI